Estimated balance sheet
This query is : Open
11 October 2017
how we prepare estimmated Balance sheet.we have data actual as on date i.e.10/10/17.
11 October 2017
You have to some assume some fact like
1. increase in sales
2. increase in purchase
3. inflation
4. increase in expense/income
5. commited fixed cost i.e Repayment of Bank interest & Loan
For above you may also refer past trends or trends of similar industry
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